Please refer daily USD/CHF charts for the following:
1)ADX: USD/CHF daily +DI line had moved over -DI line but there is a sharp loss of momentum and the bullish gap has narrowed down sharply. ADX had moved over 25 but immediately dropped and is still seems to be dropping to indicate a lack of trend (approx. 21.00).
2) MACD: USD/CHF daily MACD line remains over the signal line with a wide bearish gap but there has been some loss in the momentum. The weekly MACD remains over the signal line but the with a very weak bullish gap.
3)USD/CHF daily Ichimoku Cloud: Tenkan line had moved over Kijun line to give a weak bullish signal as the crossover had taken place below the cloud. The price action has been finding resistance near the upper edge of the cloud but seems to be finding support at the Tenkan line level.
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